Shenyang Fortune Precision Equipment Co. Ltd. A (688409) — Cash Flow Quality Index

Latest as of December 2024: -0.26x

Shenyang Fortune Precision Equipment Co. Ltd. A (688409) has a Cash Flow Quality Index of -0.26x as of December 2024. Operating cash flow of CN¥-52.15 Million is below net income of CN¥202.65 Million, suggesting accrual-heavy earnings not yet converted to cash. Also explore 688409 total assets for the complete picture of this company's asset base.

Cash Flow Quality Index

-0.26x
Operating CF / Net Income

Operating Cash Flow

CN¥-52.15 Million
CNY

Net Income

CN¥202.65 Million
CNY

Data as of

Dec 2024
Most recent filing

Shenyang Fortune Precision Equipment Co. Ltd. A Cash Flow Quality Index (2020–2024)

Historical Cash Flow Quality Index for Shenyang Fortune Precision Equipment Co. Ltd. A across 5 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check 688409 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Shenyang Fortune Precision Equipment Co. Ltd. A (2020–2024)

Year-by-year earnings quality comparison for Shenyang Fortune Precision Equipment Co. Ltd. A. For live market cap and the full company financial profile, see 688409 company net worth.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2024 -0.26x CN¥-52.15 Million CN¥202.65 Million ▲ +88.8%
2023 -2.29x CN¥-386.38 Million CN¥168.69 Million ▼ -2420.3%
2022 -0.09x CN¥-22.32 Million CN¥245.64 Million ▼ -107.3%
2021 1.24x CN¥157.34 Million CN¥126.49 Million ▼ -34.0%
2020 1.89x CN¥176.33 Million CN¥93.50 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.